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Monday, September 14, 2009

I put this chart back up after the close today, Stockcharts was having problems up-dating the charts today, after the bell things were fixed, but there was not really any changes I needed to make to my counts. Still looks like we have a little more up left in the SPX, before we can tell if this is wave 3 of C up, or that we are in wave 5 of C up, as per my longer term charts. The coming correction will help determine which is which. I started to scale into a short position on Wall Street Survivor at the close, 12% of my buying power into TZA, rest into cash after closing my longs this afternoon.

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